NOT LISTED FOR SALE

185 Riverside Dr Basalt, CO 81621

Estimated Value: $2,091,000 - $2,662,424

4 Beds
3.5 Baths
3,114 Sq Ft
$759/Sq Ft Est. Value

Last Sold April 09, 2018

Last sale price $1,075,000 $345 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $13,956/month

Highlights

  • Multiple Fireplaces
  • Views
  • Living Room
  • Den
  • Patio
  • Landscaped with Trees

About This Home

As of July 2023

This light, bright, and open single family home on Riverside Drive is short walking distance to downtown Basalt and is situated on the green space next to Arbany Park, the Basalt Community

Pool, and the historic Basalt Coke Ovens. Two great outdoor deck spaces along with a hot tub, fenced back yard and all day sun make this a terrific home perfectly situated to all the mid valley has to offer. Property has a two car garage and carport. Available furnished or unfurnished in June 2023.

Last Agent to Rent the Property

Blake Appleby

Compass Aspen Brokerage Phone: 970-925-6063 License #FA.100066940 Listed on: 12/20/2022

Compass Aspen

Co-Listed By

Mike Chilcoat

Compass Aspen Brokerage Phone: 970-925-6063 License #FA100098620

Last Renter's Agent

Blake Appleby

Douglas Elliman Real Estate-Hyman Ave

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,841

Year Built

  • Built in 1999

Lot Details

  • 8,722 Sq Ft Lot
  • West Facing Home
  • Southern Exposure
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof

Interior Spaces

  • 3,114 Sq Ft Home
  • 3-Story Property
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Walk-Out Basement
  • Laundry in Utility Room
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Tenant pays for all utilities

Community Details

Overview

  • Frying Pan Village Subdivision
  • Property is near a preserve or public land

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,841

Year Built

Built in 1999

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.2
  • Co List Office Mls Id: CompassAspen
  • Subdivision Name: Frying Pan Village
  • Directions: Coming from Aspen, turn right onto Two Rivers Road (Old CO-82). Turn right on Cottonwood Drive for .3 miles. Turn right onto Riverside Drive (.1 mile) 185 Riverside is on the right.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Master Model: No
  • Year Built: 1999
  • Attribution Contact: 970-925-6063
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: No
  • General Info:Pets: Yes
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Condition:Excellent: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • Roof:Composition Shingles: Yes
  • Cooling:None: Yes
  • Electric:Yes5: Yes
  • Main Level:Dining Room: Yes
  • Main Level:LaundryUtility Room2: Yes
  • Main Level:Living Room3: Yes
  • General Info:Unit Faces: West
  • Style:Two Story: Yes
  • Substructure:Walkout: Yes
  • Main Level:DenStudyLibrary2: Yes
  • Lower Level:Family Room3: Yes
  • Location Contract Info:Application Fee YN: No
  • Special Features: None

Interior Features

  • Has Basement: Walk-Out Access
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: More Than One, Gas, Wood Burning
  • Fireplace: Yes
  • Living Area: 3114.0
  • Fireplace:More Than One: Yes
  • Fireplace:Gas: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Frame
  • Direction Faces: West
  • Property Condition: Excellent
  • Roof: Composition
  • ConstructExterior:Frame2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 2 Car
  • Keywords Info:Garage: 2 Car
  • Parking Area:_two_ Car2: Yes

Utilities

  • Heating: Radiant, Hot Water, Natural Gas
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:Borders Public Land: Yes

Lot Info

  • Lot Size Sq Ft: 8722.0
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2018
Closed on
May 31, 2018
Sold by
Jajs Llc
Bought by
Scherer Scott C and Scherer Jennifer M
Seller's Agent
James Cardamone
Coldwell Banker Mason Morse-Aspen
Buyer's Agent
Michael Latousek
Douglas Elliman Real Estate-Hyman Ave
List Price
$1,125,000
Sold Price
$1,075,000
Premium/Discount to List
-$50,000
-4.44%
Current Estimated Value
$2,364,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,289,856
Avg. Annual Appreciation
12.11%

Purchase Details

Listed on
Feb 6, 2018
Closed on
Apr 9, 2018
Sold by
Miller Scott and Miller Cathy
Bought by
Jajs Llc
Seller's Agent
James Cardamone
Coldwell Banker Mason Morse-Aspen
Buyer's Agent
Michael Latousek
Douglas Elliman Real Estate-Hyman Ave
List Price
$1,125,000
Sold Price
$1,075,000
Premium/Discount to List
-$50,000
-4.44%

Purchase Details

Closed on
Mar 30, 2004
Sold by
Clarkson Robert J and Clarkson Crystal S
Bought by
Miller Scott and Miller Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.38%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 27, 1999
Sold by
Thompson Terry R and Thompson Pamela M
Bought by
Clarkson Robert J and Clarkson Crystal S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.99%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 21, 1994

Purchase Details

Closed on
Sep 24, 1993
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Scherer Scott C $1,075,000 None Available
Jajs Llc $1,075,000 Land Title Guarantee Co
Miller Scott $720,000 --
Clarkson Robert J $175,000 Stewart Title
-- $110,000 --
-- $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherer Scott C $510,400
Previous Owner Miller Scott $459,600
Previous Owner Miller Scott $371,000
Previous Owner Miller Scott $350,000
Previous Owner Miller Scott C $100,000
Previous Owner Miller Scott $410,000
Previous Owner Clarkson Robert J $386,600
Previous Owner Clarkson Robert J $406,400
Previous Owner Clarkson Robert J $400,000
Previous Owner Thompson Terry R $95,543
Previous Owner Thompson Terry R $35,340
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2023 07/01/23 Rented $8,100 -19.0% --
12/20/2022 12/20/22 For Rent $10,000 0.0% --
04/09/2018 04/09/18 Sold $1,075,000 -4.4% $345 / Sq Ft
03/03/2018 03/03/18 Pending -- -- --
08/23/2017 08/23/17 For Sale $1,125,000 -- $361 / Sq Ft
Source: Aspen Glenwood MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,841 $153,770 $58,890 $94,880
2023 $12,841 $153,770 $58,890 $94,880
2022 $9,037 $98,500 $22,590 $75,910
2021 $9,437 $101,330 $23,240 $78,090
2020 $7,197 $80,130 $23,240 $56,890
2019 $7,281 $80,130 $23,240 $56,890
2018 $8,348 $90,560 $21,600 $68,960
2017 $7,983 $90,560 $21,600 $68,960
2016 $7,974 $89,120 $15,920 $73,200
2015 -- $89,120 $15,920 $73,200
2014 -- $65,490 $15,920 $49,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 177732

Aspen Glenwood MLS

APN: R039973